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in the regional economy and again there is so much business activity. and we are blessed with just being in this part of the country and the world. i'm very interested in what we are going to hear from our speakers this morning to sort off guide us through this year. now before we get to our program please join me in thanking the organizations and people who made this possible. and you can clap now for awful them but -- this event is jointly presented by san francisco business times and our partner, title sponsor corn irand carey commercial new mark, night, frank. and we are going it hear from dan clef man and dan class man some 14 year ago really came up with this idea, we sat down over lunch and there was another person involved allen cline knelt and which came up with this idea and so i have to give dan much much credit for that. (applause). . very much so. and in 2012, cornish and carey, dominated the area of commercial real estate with over $6 billion in leasing and sales transactions so very good there. and you are soon going to hear from dan and he is going to give us that a go
continue to grow an economy, even with a budget deficit, what you are looking at here is gdp but not the way that you are used to looking at it more often than that phot what we talk about d g t we focused on the economy quarter growth range and whether it grew during the quarter this teems you in terms of a absolutely level base basis and reason i'm showing it this way is because for all four quarters of last year the overall economy was better than the it was before the prerecession high water mark and we have turn the quarter into a new expansion and if it didn't feel that way it that is to do with this the none farm payroll and each bar here represents a single month's change in the total number of people who have a job and you add up all of knows jobs that was loss during the recession it's 8.8 million people and we have only created five and-a-half million total job and that leaves us with a deficit of three or so million jobs and we are cranking out more in terms of goods and services but we are doing it with 3 million fewer people in the workforce and is to some exten
roofers and home inspector and is then that has a booying fantastic on the overall economy having said that i'm not living with my head in the sand here i recognize that a lot of markets are still suffering a little bit and this graph show you's you the change of value in home price from their local market peak to where they are at present the case sowler composite and san francisco is halfway through the pack there down to about 33% and so whole values are still off from where they were before but if you look at where we are from the low point until where we are today, san francisco is looking a little bit better and oakland is not a member city and they randomly take 20 cities that are plead broadly representative of the housing market and san francisco is the second line on here and posted as one of the naysest paces of recovery and so we get some help from residential construction and we also get help from securelier spending this is what i'm showing here and this is the debt service ratio and it's an interesting concept if says if you add up my mortgage payment and car payment and
for the sake of balance, my goal is how do we grow the economy, put people back to work? and if we do that we are going to be bringing in more revenue. >> patty murray will unvail the democrats budget plan and the white house says president obama will release his budget the week of april 8th. also today president obama will meet with ceo's from major companies to get their input on how the government and private sector can best work together to improve cyber security. coming up why the director of national intelligence says cyber attacks now pose more of a threat to the u.s. than a terrorist attack. >>> time now 5:07. let's check in with sal. already we are following fog and crashes a busy morning. >> it is busy already. pam, welcome back. the traffic is moving along pretty well if you are driving in many areas. but it's foggy. i can show you the east shore freeway. if you look at the screen you can see is cars moving through. very thick fog. when you two to the toll plaza just a little bit away you can see fog here. not a lot of traffic yet. but mark and i will be the fog brothers this morni
the economy, put people back to work? and if we do that we are going to be bringing in more revenue. >> patty murray will unvail the democrats budget plan and the white house says president obama will release his budget the week of april 8th. also today president obama will meet with ceo's from major companies to get their input on how the government and private sector can best work together to improve cyber security. coming up why the director of national intelligence says cyber attacks now pose more of a threat to the u.s. than a terrorist attack. >>> time now 5:07. let's check in with sal. already we are following fog and crashes a busy morning. >> it is busy already. pam, welcome back. the traffic is moving along pretty well if you are driving in many areas. but it's foggy. i can show you the east shore freeway. if you look at the screen you can see is cars moving through. very thick fog. when you two to the toll plaza just a little bit away you can see fog here. not a lot of traffic yet. but mark and i will be the fog brothers this morning.
to be made by car, then there would be no more amsterdam economy because no one would be able to move about. there would be one giant traffic jam all day. so the bike is the grease in the amsterdam economy. you have to build less highways, you have to build less parking garage. you put the bike -- use very little space. where you have to build parking garage, they're very expensive. there are recent surveys that companies pay up to 30,000 euros, that's $50,000 per year per person to have them traffic by car to work, where as a bike costs only 250 euros so there are large benefits at stake. also, there is lots of surveys that show that people who live in towns where there is more cycling, people like to live there better than in towns where there is less cycling. there are an overwhelming lot of advantages on cycling and i'm going to put some -- and then this is what oakland should do as few of them -- recommendations that are put together oakland also could be used for san francisco. one thing is, if you want to have these advantages, for instance, if you're scared about all the money that
continue to be the leader in the world economy. we need the pope, get that done. italy needs to get a pope and get their economy back on track. costco good, target good, wal-mart good, j.c. penney, not so good. >> the important is if we do not send money the economy falters. >> i feel like at mcmahon, you are correct sir. we do pay attention to that. >> do we have and it's all coming out tomorrow? >> the most lanes/mob ever in the york for people. samsung employees. they're coming out of the phone tomorrow and it has samsung aquiver in. it is one-fifth of th10 years ago they we need t new products. >> the intent was sounds of all is the son was steeper than the five phones do you think that will help apple out if they have in the less-expensive iphone? >> yes i do. we go is a good success partner. sam's and has a good partner. did i were to marry samsung or apple i would do well. as long as i don't marry nokia. they aren't bad, motorola is dead. samsung and apple are the two players. it is not a pie they make, and is not a pie they get. i is good. they are the two best pipe makers if you g
, health care, and the future of the economy in europe, people at the event told us the tone was encouraging. >> the economy is in the process of healing. the economy is better, it has a ways to go, unemployment is a couple percentage points lower than it was. it was the stanford institute for economic research. the summit is in the 10th year. >>> on keat is -- wall street closed a little bit lower. >>> from a u.s. marine to the san jose police force, one of dozens of stories at the police academy graduated a new closs. how this graduation comes after years of cut backs. >> 43 men and women entered this hall as civilians and they lefts asworn police officer. this is san jose police academy class 18. two women and 41 men marched into park side hall to graduate after the toughest six months of their lives. >> i prefer to think of the last six months and what we have accomplished. we're peace officers, we're realizing our dreams. >> it will be a big honor to be a part of this. 33-year-old matthew barerra joined the department after spending years in the marine corps. i've seen e
the bay area economy. >>> one golfer with quite a hole in one. he fell into a sink hole. we have details of how he survived. [ male announcer ] subway introduces the new $3 six-inch select! this march, we're kicking things off with the low fat oven roasted chicken $3 six-inch select. it's available all month long as one of our march featured values, the newest way to enjoy subway every day! subway. eat fresh. >>> welcome back to the ktvu channel 2 morning news. actually a pretty good retail report coming in this morning. but the dow down just about 24 points. the nasdaq and s & p also down a quarter of a percent. >>> time now 6:55. this firey explosion this morning in a louisiana bayou. four people were hurt. a tug boat hit a gas pipeline. that tug boat was pushing an oil barn last night about 30 miles south of new orleans. both of the vessels were engulfed in the flames when the boat hit the pipeline. four people on the tug boat were treated for injuries. one suffered severe burns. >>> back here at home fire repairs on berkeley's famous restaurant may take a lot longer than expected. cr
report showing a tale of two economies, young people struggling and millionaires the number is surging. what is needed that is still ahead. >> kelly: and we are less than two hours away from results of the cpac straw poll. what will it tell us about the presidential field in 2016? >> we're not here to rebrand the party. we are here to rebuild a country. [ phil ] when you have joint pain and stiffness... accomplishing even little things can become major victories. i'm phil mickelson, pro golfer. when i was diagnosed with psoriatic arthritis, my rheumatologist prescribed enbrel for my pain and stiffness, and to help stop joint damage. [ male announcer ] enbrel may lower your ability to fight infections. serious, sometimes fatal events including infections, tuberculosis, lymphoma, other cancers, nervous system and blood disorders, and allergic reactions have occurred. before starting enbrel, your doctor should test you for tuberculosis and discuss whether you've been to a region where certain fungal infections are common. you should not start enbrel if you have an infection like the flu.
yacht race. how it will effect the bay area economy. >>> one golfer with quite a hole in one. he fell into a sink hole. we have details of how he survived. [ male announcer ] subway introduces the new $3 six-inch select! this march we're kicking things off with the low fat oven roasted chicken $3 six-inch select. it's available all month long as one of our march featured values, the newest way to enjoy subway every day! subway. eat fresh. >>> welcome back to the ktvu channel 2 morning news. actually a pretty good retail report coming in this morning. but the dow down just about 24 points. the nasdaq and s & p also down a quarter of a percent. >>> time now 6:55. this firey explosion this morning in a louisiana bayou. four people were hurt. a tug boat hit a gas pipeline. that tug boat was pushing an oil barn last night about 30 miles south of new orleans. both of the vessels were engulfed in the flames when the boat hit the pipeline. four people on the tug boat were treated for injuries. one suffered severe burns. >>> back here at home fire repa
the economy. >> we want to make sure the people know the event is happening this year. >> reporter: the new organizers say it will be scaled back. >> we're not going to have 7 stages. we'll go back to the way it started. >> reporter: new organizers say they need corporate sponsors. after this year they'll work on a five year plan to keep it out of jeopardy in the future. >>> ktvu learned that a man shot do death was under surveillance in a homicide. we're told the driver was a person of interest in a homicide in san jose last week. police say the driver accu celebrated toward an officer and the officer opened fire. some neighbors are questioning the use of force. >> too extreme. there are a lot of kids and people out. >> i would think they would have some precaution or back down a little bit. >> the driver died at a hospital. his name has not been released. >>> cal train says a pedestrian was killed on the tracks this afternoon. a north bound train struck the pedestrian south of the deer don station ju
$22 million, the total is over 13. >> the world economy collapsed. >> mark buell has not talked about the fund raising since supervisor avalos accused the organizers of playing the city. the retired investor volunteered for the job which he reminded superviseors came with a paycheck that resembles a goose egg. he is still convinced it's going to be a great event. the goal now is to raise enough so the general fund won't lose money. pro jektd spending bif visitors during america's cup was estimated in 2010 to be $236 million. now, experts say it will be closer to $172 million. and the hotel revenue tax the city was told would be $12 million and change is now projected to be about half of that amount. >> i believe that if larry ellison wins it it's going to be back and be 10 times as exciting next time. >> would you ever volunteer for this job again? >> if i want to stay married i won't. >> it's not just the fund raising failure that's upset the supervisor. he pointed out wage agreements have not been honored and $400,000 in back wages is owd to 113 workers. that is part of the story we
what i think is a really balanced, balanced economy. so, what we are not talking about crime but, i just -- [inaudible] approximate was not part of the agenda but what are some of the challenges and part of the challenges is more i think the perceptual reality of crime and this is a year of where crime went up everywhere in san francisco and san jose and quite frankly and i'm being very honestly about this because of what the president said the other night we are for the not going to end -- unless we get the universal background check on gunses because california and oakland have some of the strongest laws in the country but the guns come in across nevada evidence and we need all of your help to support the president on this. because if you care about the violence in america cities, we have to have -- it's a no-brainer if it's legal for a teenager to have a machine begun in the streets of urban america and that is leading to this higher murder rate across the country it makes a difference. so, if you need to we need you to help support the president on that and you can do that and
stimulus continues to help the economy and lists believe he is likely to say the economy is better than it was weeks ago but he could mention the bailout to point out the risky economic situation. >>> hostess can sell and now a bankruptcy judge approved a deal and they still have to decide on the sale of other hostess brand including devil dogs and ring kings. >>> there is a new report about sugary drinks and where they rank for a health problem in the united states. >>> and we have a colorful celebration in the bay area, stay tuned for more news weather and traffic. . >>> carnival triumph was crippled by an engine fire leaving more than 4,000 people stranded but they will not be back until june 15th which means an extra 10 cruises will be canceled. >>> san francisco attorney wants the federal government to crack down on energy drinks. they are urging the fda to require the amount of caffeine to the put on the label. five deaths have been linked to the drinks and the company that makes the drinks say it is safe. >>> they have linked obesity to sugary drinks and the number comes from the
could be stealing business from american companies, causing more problems for our economy. now, the president and the ceos today will come up with ways to share information and put a stop to the cyber attacks. this comes after the pentagon announced plans yesterday to increase cyber security for the country. we'll dig more into the plans when i see you next hour. live in washington, kyla campbell, ktvu channel 2 news. >>> 7:16. a sex offender will be moving into an east bay neighborhood despite protests from prosecutors. yesterday, a state appeals court approved the conditional release of 69-year-old charles crispman. he will be moving from a state hospital to a cottage on willow pass road in bay point. he sawyered time for a lewd act with a boy. he must wear an ankle monitor. >>> police are asking for the public's help in finding the man responsible for a sexual battery incident at one bay area campus. authorities say the assault happened in the wellness center at city college of san francisco just after noon on saturday. a female student was showering in a locked stall when s
for our economy. now, the president and the ceos today will come up with ways to share information and put a stop to the cyber attacks. this comes after the pentagon announced plans yesterday to increase cyber security for the country. we'll dig more into the plans when i see you next hour. live in washington, kyla campbell, ktvu channel 2 news. >>> 7:16. a sex offender will be moving into an east bay neighborhood despite protests from prosecutors. yesterday, a state appeals court approved the conditional release of 69-year-old charles crispman. he will be moving from a state hospital to a cottage on willow pass road in bay point. he sawyered time for a lewd act with a boy. he must wear an ankle monitor. >>> police are asking for the public's help in finding the man responsible for a sexual battery incident at one bay area campus. authorities say the assault happened in the wellness center at city college of san francisco just after noon on saturday. a female student was showering in a locked stall when she felt someone grab her from behind. po
. >> this doesn't acknowledge the fact there is inflation in california economy and that our wages are about $7500 less than our leading piers, chicago symphony. >> management says the average musician salary is $165,000 a year. the union says basic pay is about $142,000 a year, management says they provide health care with no monthly contribution. the musician s say they pay for family members. symphony says the musicians get 10 weeks of paid vacations they say they have other expenses including buying their own instruments. the symphony says the wage proposal would keep the or chess stra among the top three nationwide. >> they're among the most talented musicians in the world. we're hope tofl reach an agreement that recognizes that and at this lunchtime press concert musicians told us when there is an endowment near $100 million and has hefty managements to -- bonuses to management. >> we're in a very wealthy institution. our treatment should reflect that. >> the symphony maintains it's expenses are outpacing it's income. >> finances are a matter of public record we've been transparent with fina
police. >>> the america's cup race is no longer expected to give bay area economy a half billion boost. however that same report shows it will cost the city substantially less to host the big sailing event. >>> this morning the streets of palo alto are clear that is after serving as a backdrop for a television show. they were shooting a pilot for the hbo show culled silicon valley. it features six young people living in palo alto and working to become millionaires. the camera, lights, and cables blocked some traffic. but many say it was exciting to have hollywood come to the area. >> all right. >>> time is 4:48. we have the fog out there. we also have southbound 101 near petaluma as well. sal, how is it look something >> it's doing pretty well but the fog you mentioned is going to be a problem for some because it is pretty thick. let's go outside and show you the traffic. we normally see this wide caning east shore. we are down to a few cars disappearing into the clouds here on 80. that is what the thick fog is doing. it's pretty low visibility in some areas. you might want to allow ex
, he believes it could benefit the economy. >> given we compete nationally and internationally for conventions and visitors we're at a disadvantage because our cities zront this option. so that is all it is. imposes nothing on anyone. >> the bill would only apply to bars, restaurants and nightclubs. liquor store closing times will not change. >> news from mars making rounds this week. >> coming up next rover mission at >>> i'm ama daetz. reaction from the city for the historic selection. unique perspectives on the pontiff from local church leaders also a progress report on a fourth floor of the caldecott tunnel. features will make this a roadway. and the life of pi. the number not the movie and the unusual celebration for the math at that time matt cal content. those stories and more coming up at 6:00. dan, cheryl, back to you. >> we're looking forward to seeing that. >> coming up a big week for science and space lover autos a replica of the curiosity landed on the capitol this week. >> it's the same size as curiosity which is exploring mars. it also features first two rovers t
, the big boost developers promise will give help to the local economy. >> the life of pie, a never-ending >> novato, oakland, and sunnyvale and all the bay area this is abc7 news. >> good morning. albany police concluded the investigation of a former middle schoolteacher accused of having sexual relationships with underage students. the 28-year-old committed suicide in october days after a parent went to police with concerns. our media partner, the "contra costa times", reports the popular teacher and coach engaged in sexual activity with two students. the six month investigation involved nine search warrants and 30 interviews. investigators found videos shot by the defendant that involved children. an attorney says the families plan to file claims against the school district. >> dedication ceremony will be held in san mateo to mark the opening of the new bay meadows urban village, the site of the old racetrack that closed 4 1/2 years ago is turned into 1,000 homes and 750,000 square feet of commercial space. demand for the condo is high that the developer is holding a lottery for
and a bad economy. that hurts the employment base. the downward trend stretches from the once industrial ohio valley through the plains to parts of california. city of new york reported an all-time population peak of 8.3 million people. for the first time in 60 years, more people moved into new york than moved out. >>> more numbers from the cdc. most americans now admit to talking on their cell phones while driving. a third of us admit to texting or e-mailing while at the wheel. mostly young drivers they say, but the rates of usage here are much higher than in europe. >>> the chinese government asked the people of china to try to stop using disposable chopsticks. they go through 80 billion pair of them every year in china. it's a burden for the nation's forests supplying all the wood. >>> in an unrelated story, the world economic forum is out with the list of unfriendliest nations for world travellers. the top three, bolivia, venezuela, and russia. we posted the entire list including where china ranks on our website tonight. >>> we are back with our making a difference report. doctors sa
and frankly at an -- promising a lot of our time to chinese investors and really an international economy but we are looking at not just across the country but to invest and -- in the bay area and it's not goal of -- 50% there and to ed we are a region and many of these companys are going to be make this horizontal and vertical -- chinese investors in the entire bay area and so they have to have it's a different game. and you know, texans have to live there. the reality is that this is one of the most beautiful places with the best whrr and -- [inaudible] company that is going to for tech assistance on your software and you get somebody in india well they are actually -- because oakland they are putting a call center in oakland to get a quicker turn around and -- in many languages and that is an innovation because of the diversity and depth of the talent in the bay area. >> prop 30 doesn't make economic development harder or is that an issue >>> well it may be a challenge for certain types of companies but i do think that our investments as mayor khan said increasing the quality of
encouraging news for the recession battered bay area economy. some good signs of recovery. there is some growth. exception is san jose. david louie joins to us explain. >> some are suffering from a case ever sagging supply and demand. the number of flights operating here as dropped for the past five years. down 3% just in the past year which led to a kor spending nearly 1% drop in passenger traffic. $1.3 billion went into building a terminal b modernizing terminal a. this gets high marks for appearance and convenience. >> it's clean, nice. fast. and i live in san francisco. and you can get back and north a cab. sometimes you get stuck in traffic. it's not faster. >> you can tell from a few shuttered restaurants that the expanded airport isn't operating anywhere close to capacity. eight million passengers flew and n.and out last year. a new common used lounge called the club is an example of the facilities built to draw more passengers. good news is that virgin america is coming to san jose in may. and al-nippon plans to resume tokyo flights. >> we have tremendous capacity here and we're
. the world economy hit another speed bump today. once again they came from europe. this time in a good old fashion bank run. cbs news reporter on the tax plan that emptied out the atm's. >> there is growing anger. hundreds gathered in the streets to protest their bank accounts. they were trying to pull their money out. and that the banks will shut down at least until thursday as they are waiting for the banks to reopen. >> it is our time to draw all that money. we can't trust them anymore. yeah, it's sick. >> reporter: the secret administrators met on monday to discuss a plan. the government wants to take money from their citizens to help with the troubled financial system in the country. lawmakers are expected tvote on the package on tuesday. the proposal to take money directly from peoples accounts have never been done before. markets around the world fell up here in london, but opened up with a triple drop. >> it sort of goes with the primal fear of people that will protect their nest egg for the future. and that it will disappear. >> reporter: it is leading to their demonstrations acro
they count on the events. >> it brings in a lot of money and helps the economy. >> what we want to do is make sure people know the event is happening this year. >>reporter: the new organizations say that the large festival will be scaled back. >> we're not going to have seven stages. what we're going to go is go back to the way it started. >>reporter: residents gathered this evening to help organize and raise money. >>> proposed ban on assault weapons has little chance of surviving. it will not be part of the initial gun control measure that will be debated this month. the senator was told today that the band will be offered as an amendment. it is expected to be met with solid opposition from republicans. >>> a new hand book has a death to the laws of war to cyber space. the manual was created at the request of a nato sink tanking to show how hospitals and neutral nations can be protected in the case of warfare. >>> apple today launch and update to its ios operating system. it fixes a flaw that allows unauthorized users to get around the password lock screen on iphones, ipads, and itouches. >
after the federal reserve stood by the plan to boost the economy. that announcement came at 11:00 this morning, also concern is easing about a possible financial crisis in cypress. the nation needs a bailout to avoid defaulting on the financial obligations. >>> the dow is currently up 63. the nasdaq is up 23. s&p is up 10. >>> we are now less than a week away from the day the u.s. supreme court will hear oral arguments on proposition 8, which is california's ban on same-sex marriages. next tuesday, the court will hear arguments for and answer prop 8 along with another same- sex marriage case. that worn the challenge to the federal defense of mare arc -- marriage act. the supreme court said they would release same-day audio presented. the court rayly does that. but they did not mention television coverage which legal experts say that probably won't be allowed. >>> a bay area consumer group is warning about potential hidden fees with the municipal identification card. the city key created the i.d. cards in part for undocumented immigrants. a debit function was added to offer bank
rose on wall street after the federal reserve stood by the plan to boost the economy. that announcement came at 11:00 this morning, also concern is easing about a possible financial crisis in cypress. the nation needs a bailout to avoid defaulting on the financial obligations. >>> the dow is currently up 63. the nasdaq is up 23. s&p is up 10. >>> we are now less than a week away from the day the u.s. supreme court will hear oral arguments on proposition 8, which is california's ban on same-sex marriages. next tuesday, the court will hear arguments for and answer prop 8 along with another same- sex marriage case. that worn the challenge to the federal defense of mare arc -- marriage act. the supreme court said they would release same-day audio presented. the court rayly does that. but they did not mention television coverage which legal experts say that probably won't be allowed. >>> a bay area consumer group is warning about potential hidden fees with the municipal identification card. the city key created the i.d. cards in part for
. >> >> march madness is under construction here at hp pavilion. great for the fans, an economy onto itself. >> >> back here in 10 minutes, you noticed increasing clouds. there is rain in your future. how much you could get and what areas that will see the most. . >>> tom baker live at hp pavilion with the economic boost the ncaa tournament will provide. >> tom? >> reporter: it could be about $20 million. thanks to the big boost from the ncaa, the shark tank is going to be money in the bank for a lot hoff l of local businesses. >> reporter: they must fit together -- these pieces must fit together in a specific order and they must fit together perfectly. >> just 24 hours ago, we found out which teams would be coming. that, right there, means there is a lot more work that needs to be done between thousand an thursday. >> eight teams, including oregon, unlv, oregon drawing fans from far and wide. >> definitely want to see syracuse. you don't get to see east coast teams play over here. >> price seems not to be a hurdle. >> it's defendnily doable in
proposed that idea, because he says it will boost the local economy. amber lee is live in the city tonight, where some people think extending last call will bring some big headaches. and not just for those who are drinking. >> reporter: frank, we're inside tupelo in the northeast. an area known for its vibrant nightlife. the question is how will it affect businesses and residents. every drink that's poured is money that flows into the economy. the owner of tupelo bar and restaurant says two additional hours of alcohol service will make a difference. >> to allow businesses to maximize their ability to have profits, and san francisco in general, i think has always been a place for people to come for nightlife. >> reporter: if passed, it would allow cities to partner with the state to come up with a plan that would include community input in allowing certain establishments to serve alcohol until 4:00 a.m. supporters say currently, there are at least 25 cities, including chicago, new york, and washington, d.c. which allow alcohol service beyond 2:00 a.m. >> if there were enough employees that
francisco state senator, mark leno has proposed that idea, because he says it will boost the local economy. amber lee is live in the city tonight, where some people think extending last call will bring some big headaches. and not just for those who are drinking. >> reporter: frank, we're inside tupelo in the northeast. an area known for its vibrant nightlife. the question is how will it fect businesses and residents. every drink that's poured is money that flows into the economy. the owner of tupelo bar and restaurant says two additional hours of alcohol service will make a difference. >> to allow businesses to maximize their ability to have profits, and san francisco in general, i think has always been a place for people to come for nightlife. >> reporter: if passed, it would allow cities to partner with the state to come up with a plan that would include community input in allowing certain establishments to serve alcohol until 4:00 a.m. supporters say currently, there are at least 25 cities, including chicago, new york, and washington, d.c. which allow alcohol service beyond 2:00 a.m. >>
. march madness is coming to town this week. we have a ground floor look at how this city and the economy is getting ready. there are renovation projects and then there is this. crews laying down the floor where march madness will happen inside hp pavilion. >> and a feather in the cap for this building. >> reporter: putting the arena in the national spot light with teams and fans from all over the country to follow. >> we are going to be showcasing our building on tv to a national audience. that is great exposure for the building and the city of san jose to showcase as not only a great athletic city but one of the great in the united states. >> reporter: the benefits will be felt outside hp pavilion. downtown san jose restaurants and hotels will be packed this week. >> we will be sold out starting tomorrow through saturday. >> reporter: as visitors pour money into a south bay economy that has been on a tech fuelled housing boosted roll. >> we anticipate being sold out with reservations and dinner parties. we have several private dining rooms booked for officials and special dinners and st
economy and wages are $7500 less than our leading peers. we're hopeful we can reach an agreement that recognizes that. moving our organization forward. >> the symphony says it's offer will keep the or chess tra among top three nationwide. musicians sate offer is not enough therk say the symphony can afford more with an endowment nearing $300 million. >> a dating web site is not giving up hope of giving the town of woodside to change its name to sugar daddy.com. this looks how the street signs might look. sugar daddy is willing to pay fr a 10 year name change commitment. they chose woodside because of the wealth and potential for having datable sugar daddies. the city laughed off the idea but company will deliver it's onoffer tonight at the city council meeting that starts at 7:30. we shall see. >> qle. >> yes. coming up next at 6:00 hopes and dreams of bay area catholics as a conclave of cardinals begins to pick a pope. how the vote prog ses looks. >> in sacramento california environmental quality act protected natural resources of the state for decades some say it's time to stop
in the autos and overall the u.s. consumer continues to spend. it is a contradiction in helps our economy we're not saving enough for retirement but we want to see retail spending go higher. the headline numbers a little misleading because of the gasoline prices. there is momentum in our economy. when there is we hire people if you're unemployed get ready. >> good news coming from ucla a report about what is to come for our economy. anderson forecast it is economic data that nerd's like me love. and ernest come back is staged. is not falling apart from the euro zone and budget cuts that are kicking in. most of the negatives are being negated. it is not an apocalypse. countries ddt should be 1.9% this year 1.8% next year. increase business in our state. unemployment should continue to drop in our state although it is high at this time. again, a positive indicator. i love to talk about the economy expanding vs loss four-five years. >> that is a rosy picture. >> the sam saw in dallas ssung galaxy coming out tomorrow. >> sell on the news by on the rumors. tomorrow it will be big news. this is ba
and that build a culture that says, you know what, if you want to compete in the global economy tomorrow, pal, you've got to embrace diversity. why does coca-cola write a brief to the united states supreme court and general motors and microsoft on issues of diversity and higher education? because they know if they want to get ahead, they've got to embrace that diversity. if they want to continue to be a fortunes 50 company, there's got to embrace diversity. similarly if we want to get down to the local level and address this issue, we've got to teach our kids that the sooner that you embrace difference and understand that your muslim classmate or your seat classmate or your gay classmate or your limited english professor classmate might be tomorrow's ceo or today's best friend of yours, the better off we will be. you have a leg up, having done about 30 jury trials across this country and seen interactions between people of diverse backgrounds. >> and here we try to celebrate, not just embrace, our diversity. celebrate all our interesting diversity but also celebrate the things that bind
avalos saying the city had been played. >> the world economy collapsed. >> he says there wasn't enough money so they expected teams from the teams is down from $215 million to just $57 million. buell took on the task of trying to raise $32 million to offset city expense buzz that effort is $8 million sort of what it should be. the goal now? just raise enough to keep the city from losing money. >> i believe that if larry ellison wins it it going to be back and more exciting next time. >> would you ever volunteer for this job again? >> if i want to stay married i won't. >> in that piece you heard steven barkley the head of the event authority saying he didn't like being accused of not doing the right thing. today's hearing may have served to help clear the air some. after the hearing barkley told me he believes everybody is on board. reporting from the embarcadero mark matthews abc 7 news. >> mark, thank you so much. >> there is a lot more still to come at 6:00. just ahead we're on the road to a better commute. live neeft bay hills with a look inside of the new caldecott tunnel. >> bicyc
newsom's energetic leadership the economy grew and the city became an economic center for biotech and clean tech. gach newsom has been a trail blaitzer on combating homelessness and protecting the government. in 2007 he was re-elected as mayor with more than 70 percent of the vote, which is unheard of. please welcome our lieutenant governor, gavin newsom. >> my role was to get tom to speak. i'm just going to jump in because i want to keep you all on time. you've got an agenda packet and i'm going to be held accountable if you don't meet it. roslyn, let's pick up on tom's passion. he told me a couple points that are important, that is the consciousness awareness, this growing consciousness around bullying. and it's a question i guess that requires, has bullying gotten worse or have we gotten better to begin to recognize it? >> hard to know. tom and the president refer to as far too often as a rite of passage. we certainly are seeing evidence in ways that i don't recall, the levels of violence, the vitriolic violence, it's not just coming from the back of the school, it's c
at the national archives. >> "these cuts harm not help economy." to cuts in science research at the national lab president obama visited in illinois. >> "they don't trim the fat. they cut into muscle and into bone." >> reporter: talk to amanda harrison. whose husband john just lost the tuition assistance he receives from the marines. due to the automatic cuts. it's a program. that enticed him to join the marines in the first place. >> "you don't get to maintain a good job, i'm sorry, as a service member's wife. you know we give up a lot and this was a little something in return for everything we do." >> reporter: back at 1600 pennsylvania avenue. the students who wanted to get an up-close look of the white house. are getting a tour of broken government. >> "this is the people's house so we should have gone inside the house." >> reporter: a tour. that comes at a high price. >> "it's a terrible example to give these kids." >> reporter: "it's like breaking a promise." >> "it's like breaking a promise." jim acosta, president obama says arrangements may be worked out for some schools to re-book their
.4 billion in the economy and provide thousands of jobs. that has turned out not to be the case. san francisco taxpayers are getting left holding the bill. >> katie: he is lobbying ellison on online petition drive. >>> new this morning, san francisco residents could see a monthly garbage bill go up more by 21%. recology is asking for $6 a month from the typical household. a set of 32 bins would cost under $34 a month. apartment dwellers would pay less. a series of hearings begin next month with a final decision expected by summer. >>> this morning, pg&e says crews will be venting natural gas in san francisco. people in the cow hollow area may smell natural gas once the process begins. it will last 15 minutes. it's on lombard and fas gas service will not be interrupted. anyone concerned about smelling the gas can call them to verify the source. gas should quickly dissipate into the atmosphere. >> san jose is ramping up its police force. city officials are celebrating the first graduates in four years, police union members say the number is not enough. the story is from reporter tomas
importantly, we put san franciscans back to work and we have a growing economy and we have invested in our city. so the year of 20 if we will, was about getting everything done. and when we did that, we were complimented by an unemployment rate that went in the last two years from 9.6% to as of december, 6.5% one of the lowest in the whole state of california that meant that 31,000 people got jobs in san francisco putting a lot more people back to work. today, when we run around our city, or ride around it or walk around it, you can count 26 criterions in the skyline of san francisco. that means thousands of good construction jobs, all residents being a portion of those constructions from the central subway to the new crudes ship terminal to the trans bay terminal that you see being constructed and the pictures of the new tour the tal tallest building west of the mississippi will be under construction shortly. nearly 11 million square feet of commercial office space was leashed out last year and 11 million is equivalent to 20 trans america buildings. half of which belong to the technol
, an economy onto itself. >> >> back here in 10 minutes, you noticed increasing clouds. there is rain in your future. how much you could get and what areas that will see the most. . >>> tom baker live at hp pavilion with the economic boost the ncaa tournament will provide. >> tom? >> reporter: it could be about $20 million. thanks to the big boost from the ncaa, the shark tank is going to be money in the bank for a lot hoff l of local businesses. >> reporter: they must fit together -- these pieces must fit together in a specific order and they must fit together perfectly. >> just 24 hours ago, we found out which teams would be coming. that, right there, means there is a lot more work that needs to be done between thousand an thursday. >> eight teams, including oregon, unlv, oregon drawing fans from far and wide. >> definitely want to see syracuse. you don't get to see east coast teams play over here. >> price seems not to be a hurdle. >> it's defendnily doable in this market on these dayses. >> reporter: the teams and san jose will be seen by millions throughout television land. >> this is a
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